Feiro Marine Life Center

Analysis

Feiro Marine Life Center is a registered charity in United States, based in Port Angeles, WA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Feiro Marine Life Center reported income of $1.1m and spending of $517k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $387k to $1.1m (+189%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 247%. Over the whole period it spent 51% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Feiro Marine Life Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WA. Charities of a similar size with the same main cause include Minnesota Environmental Partnership ($1.1m), Citysprouts Inc ($1.1m) and C&o Canal Trust Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $82k (16% of expenses). Other salaries and wages came to $240k. At year end it held assets of $2.0m against liabilities of $23k, net assets of $2.0m. It reported 10 employees.